20 Locust Hill Avenue, Yonkers, New York 10701





Listed By Berkshire Hathaway HS NY Prop
The Commercial Property for Sale located at Yonkers, New York 10701 is currently for sale. Yonkers, New York 10701 is listed for $1,600,000. If the property located at Yonkers, New York 10701 isn't what you're looking for, visit https://blueislandhomesny.xomio.com to see other Commercial Properties for Sale in Yonkers .
Date Updated : Jun 5, 2025
Property features
Construction details
- Year built: 1910
Other features
- Property features: Basement Garage
- Heating system: Natural Gas
School information
- High School District: Yonkers
- Elementary School: Yonkers
- High School: Contact Agent
- Middle School: Call Listing Agent
Description
Calling all investors...rare opportunity to own a solid brick 9 family-income producing building in the heart of Yonkers' - Hollywood on the Hudson and Downtown Revitalization Initiative. Located just .5 miles from Metro North, the new waterfront renaissance area and Lion's Gate Hollywood Studios, this property presents a potential profitable investment to park your money in. Nine spacious 3 bedroom ,1 bath units with a large walkout basement and ample rear yard. Each unit has an eat-in kitchen, living room, dining space, 3 bedrooms, den (4th bedroom), bathroom and ample closets. The building is currently rent stabilized with a yearly income of $151,000 (increases - not reflected here - will take effect June 2025) and is fully occupied by long term tenants. Walk out lower level consists of the 9th unit, utility room, work room and storage. Gas heat. Tenants pay for cooking gas and electricity. Building is being sold "AS-IS". Walk to Getty Square and centrally located to bus, train, shopping centers, major parkways and 28 minutes to Manhattan. Get in before the Revitalization Initiative is complete and these great investment opportunities are no longer available. Won't last.
Location
Listing Contact: 914-723-5225